Boo and DC, With the NY press, maybe we'll see a gap up on Monday.
180+ post on Friday at the Yahoo board.
The real questions becomes, is it profitaking time?
I like to play it long and short.
Looking for $14 first, then re-evaluate then.
What I find eerie is the past cycle starting to repeat it self.
Date Open High Low Close Volume
11/19/98 10.000 11.375 9.937 10.687 698,600
11/20/98 11.812 12.000 10.625 11.062 413,200
11/23/98 11.562 13.562 11.000 13.562 858,400
11/24/98 13.562 17.687 12.375 15.812 2,753,500
11/25/98 18.000 20.000 16.625 18.625 2,188,500
11/27/98 19.937 28.000 19.750 27.625 1,596,700
11/30/98 30.000 30.000 15.250 18.500 4,815,900
12/01/98 17.000 21.312 16.000 20.000 1,375,900
12/02/98 20.500 27.000 19.625 20.500 2,759,700
12/03/98 21.000 22.000 15.500 16.500 1,133,500
If we equate Friday to 11/23/98, then $15 can occur on 2.7 million volume for Monday.
Lesser volume or a selloff can collapse it.
Friday's volume was the highest in 52 weeks.
MM's stretched thin.
Another 5M day and we have a possibility of breaking $20.
ADSP has red ink so does CYSP.
CYSP revenues are much better Q2Q.
Much better.
Hasn't attracted the shorts yet.
Licking their wounds over ADSP.
If most are buyers and there is lack of sellers, then this how a rocket gets started.
TMex and followers got the word Friday.
Can they let it ride for more than one day before they profittake?
So much like the ZANY rush except this one rose with the huge volume.
ZANY's MMs were able to hold the $13 line with 20M traded in four days.
I don't think CYSP MM's can.
ADSP MM's didn't.
ZANY float was 6M, Shareout was 20M.
ADSP float was 8.6M, Shareout was 9.7M.
CYSP float is 4.8M, Shareout is 8.6M.
CYSP revs are jumping, others were not.
CYSP market cap ~120M.
ADSP market cap ~360M.
ZANY market cap ~210M.
Is CYSP deserved of 240M cap?
If so, then the price will double.
TA suggest a breakout since 4 month old high was beaten Friday.
With all this info, still need buyers and volume.
Admission is free for watchers.
Have to play to win.
Good luck everyone.
Jack |
